Economic growth achieved by Turkey evaluated by Babacan and Caglayan
YAYINLAMA
GÜNCELLEME
Deputy Prime Minister Ali Babacan yesterday stated that Turkey's economy achieved a growth of 9.6 percent at an annual rate in the first nine months of the year. "Our economy had a great performance of growth among OECD, EU and G20 countries." Babacan said. "This growth is driven by the private sector demand" said Babacan adding that the contribution of public sector expenditure is limited. Babacan also said that the domestic demand contributed to the growth by a 7.7 points and the high performance of export supported the growth with a considerable amount. Speaking in his part, Economy Minister Zafer Caglayan said, "The environment of confidence and the economical stability together will be reflected in every area. Diverging from the world economies with the growth performance in the first two quarters of 2011, Turkey proved its difference also in the third quarter. We aren't surprised by this growth rate."